Quarterly report pursuant to Section 13 or 15(d)

Acquisitions (Tables)

v3.20.2
Acquisitions (Tables)
 9 Months Ended
Sep. 30, 2020
Halo  
Acquisitions [Abstract]  
Fair Value of Assets and Liabilities Acquired The preliminary purchase price allocation is summarized as follows:
Dollars in thousands
Total purchase price $ 38,244 
Assets
Property and equipment 260 
Accounts receivable 5,540 
Inventories 5,160 
Intangible assets 14,690 
Other assets 329 
Total assets 25,979 
Liabilities
Accounts payable 4,628 
Accrued liabilities 1,553 
Long term liability 168 
Total liabilities 6,349 
Net assets acquired 19,630 
Goodwill $ 18,614 
TruPet  
Acquisitions [Abstract]  
Fair Value of Assets and Liabilities Acquired
On May 6, 2019, the fair value of assets and liabilities acquired was:
Dollars in thousands Better Choice
Company		 Bona Vida Total
Total purchase price $ 37,949  $ 108,620  $ 146,569 
Net Assets (Liabilities) Acquired:
Assets
Cash and cash equivalents 7  384  391 
Restricted cash —  25  25 
Accounts receivable —  69  69 
Inventories —  95  95 
Prepaid expenses and other current assets 32  348  380 
Intangible assets 986  —  986 
Other assets —  74  74 
Total assets 1,025  995  2,020 
Liabilities
Warrant derivative liability (2,130) —  (2,130)
Accounts payable & accrued liabilities (544) (153) (697)
Total liabilities (2,674) (153) (2,827)
Net assets (liabilities) acquired (1,649) 842  (807)
Loss on acquisitions $ (39,598) $ (107,778) $ (147,376)